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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

Despite not being able to meet in-person, the NAIC utilized the Summer Meeting as an opportunity to host conversations among insurance regulators, industry members and consumers regarding recent events, including the impact of COVID-19 on the insurance industry as well as racial inequality and the promotion of diversity in the insurance industry.

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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

Among other matters, the revised bond factors establish a more granular rating analysis by expanding the number of bond designation categories from the previous six categories to 20 categories.

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Regulatory Update: NAIC Fall 2019 National Meeting

Data Matters

The draft revisions include a requirement for producers to act in the “best interest” of a retail customer when making a recommendation of an annuity. Under the 2019 revisions to the CFR Model Laws, a “reciprocal jurisdiction” includes (a) a non-U.S. NAIC Continues Efforts to Address Innovation and Technology in the Insurance Sector.

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Regulatory Update: NAIC Fall 2019 National Meeting

Data Matters

The draft revisions include a requirement for producers to act in the “best interest” of a retail customer when making a recommendation of an annuity. Under the 2019 revisions to the CFR Model Laws, a “reciprocal jurisdiction” includes (a) a non-U.S. NAIC Continues Efforts to Address Innovation and Technology in the Insurance Sector.